Pennsylvania’s Intestacy Laws: Everything You Need to Know
As an estate planning law firm, we at Pike Law have encountered numerous cases where people have passed away without a will or trust. We’re often asked if there’s anything we can do post-humously, and the truth is, once someone dies without a will, it’s in the hands of the state. We always recommend that people create a will so they don’t die intestate. We can explain what this means and why...
10 Different Types of Trusts
A trust is a legal arrangement where someone creates a legal entity (the trustee) to hold and manage assets for the benefit of another person (the beneficiary). This arrangement allows people to transfer their assets, such as property or money, to a trustee who then manages or receives it according to the terms set out in the trust document. This is a way to pass down your assets to someone...
5 Estate Planning Assets You Can’t Put Into Your Will
A will is one of the most basic estate planning tools. It’s used to decide how you want your assets distributed to your surviving loved ones after you pass. If you die without a will, the state law will take over distributing your assets, which may or may not line up with your final wishes. That said, not all assets can be included in a will.
Clients often try to add certain types of...
What is a No-Contest Clause in Wills and Trusts?
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